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Mixed-Use Property with Auto Service
For Sale
$900,000

727-731 Main Street, Owosso, MI 48867

COM/IND/BUS OPP, Owosso, MI

Property SizeContact for details
Lot Size0.72 Acres
Days on Market135

Property Features for 727-731 Main Street

General Information

Property type Commercial Sale
Property subtype Other
Subdivision Owosso (78018)
Standard status Active
APN 050-660-018-014-00
Lot size 0.72 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 8667

Utilities

Water source Public

Building Details

Year built 1959
Listing Agency: Richard Selleck Agency
Listed By: Mike Selleck · License #650210427
Added: Apr 23 Changed: Sep 2 Last Checked: Sep 4 at 12:06PM
MLS# 50205142

Copyright © 2026 Multiple Listing Service MiRealSource. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This mixed-use holding includes three parcels along M-21 in Owosso, with buildings supporting automotive, office, and residential uses. The 2,522-square-foot building at 731 W. Main St. is used for auto repair and auto sales. At 737 W. Main St., a 2,112-square-foot office building includes a two-bedroom rental unit on the upper level. A vacant lot east of 731 W. Main St. is included in the offering.

The property encompasses 0.72 acres and provides substantial on-site parking for the existing mix of uses. The improvements date to 1959, and the parcels are served by public water. Included addresses are 727-731 Main Street, providing a multi-parcel commercial configuration with automotive operations, office space, an upstairs rental unit, and additional land.

Key Highlights

  • Three parcels totaling 0.72 acres along M‑21
  • 2,522‑square‑foot building used for auto repair and auto sales
  • 2,112‑square‑foot office building with a two‑bedroom upstairs rental unit

Property Analytics

Current Use

Auto shops

Suggested Use

Top Pick Parking Lot & Garage Furniture & Home Goods Big Box & Wholesale Store (Bike/Boat/Book/etc) Store HVAC Service Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

719
Businesses Nearby

Demographics for 48867, MI

27,596
Population
12,660
Households
2.2
Avg Household Size
42
Median Age
20%
College-Educated
92%
High-School Grad
136.0 sq mi
ZIP Area
203
Density / Sq Mi
$58,718
Median Household Income
$37,908
Median Earnings
$834
Median Rent
$145,600
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Three parcels combine automotive, office, residential, and open-lot components.
Where is this mixed-use property located?
The property is located at 727-731 Main Street Owosso, MI.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Three parcels totaling 0.72 acres along M‑21; 2,522‑square‑foot building used for auto repair and auto sales; 2,112‑square‑foot office building with a two‑bedroom upstairs rental unit
More about this property
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